trey on Nostr: So wtf would Saylor say about its potential as a currency for activists and billions ...
So wtf would Saylor say about its potential as a currency for activists and billions under authoritarian regimes?
It’s a great store of value, great as digital property, but I’d like to see more folks give a damn about advocating tools for it to be a great medium of exchange, private, and peer-to-peer.
"It's not digital currency. It's digital property.... The compelling use case is capital preservation for everyone in the world.... Medium of exchange is only worth a trillion dollars. Store of value is worth a hundred trillion dollars. #Bitcoin is going to embraced as property. It doesn't have to be a currency. Nobody's trying to buy a cup of coffee with a fraction of their building on 5th Avenue.... But every rich person I know owns property in London or New York City or somewhere, and none of them complain about not being able to spend their building as a medium of exchange. The killer application is capital preservation for everybody. The store of value is the killer use case. Medium of exchange is a distraction."
- saylor (npub15dq…lm5m)
Published at
2024-03-11 16:59:36Event JSON
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